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Microsoft Dynamics NAV (Archived)

Fact sheet for Fixed Asset needed

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Hi all,

I´m looking for the fact sheet of Fixed Asset in NAV 2009 or newer.

On PartnerSource all links are going to a dead end. :-(

Therefore I hope you can help!

Thanks and enjoy your weekens

Sissy

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  • Suggested answer
    keoma Profile Picture
    32,729 on at
  • Community Member Profile Picture
    on at

    Hi Jonathan,

    Thanks for your help and providing the links.

    I would Need a fact sheet for the Customer. The Videos are to deep dive for starting.

    Therefore a factsheet (NAV 2009 or newer) would be a great help.

    Thanks for your Support

    Sissy

  • Verified answer
    keoma Profile Picture
    32,729 on at

    hi sissy,

    then follow msdn.microsoft.com/.../hh165398(v=nav.71) for nav 2013 r2 and msdn.microsoft.com/.../hh165398(v=nav.70) for nav 2013.

    be aware, that there are differences according to local laws in fixed asset management in dynamics nav.

  • Verified answer
    keoma Profile Picture
    32,729 on at
  • Verified answer
    Swati Chauhan Profile Picture
    205 on at

    Hi Sissy,

    I'm having the fact sheet  of Fixed asset in Nav 3.90.

    I hope its useful for you.

    Complex Problems – Simple Solutions

    Has managing your fixed assets become more trouble than they’re worth? With the fixed assets feature in Microsoft Business Solution Financial Management–Navision, you no longer have to spend great amounts of time, money and effort organizing, managing and accounting for your company’s fixed assets. You save time and can focus your efforts on your business.

    Do You Know What You’re Worth?

    With Fixed Assets, you always know the current status on all your fixed assets. That’s because Fixed Assets gives you a real-time, accurate overview of all your fixed assets.  You always know your book value and your accumulated depreciation. What’s more, integration to Microsoft Business Solutions-Navision means that you can easily reconcile your fixed assets to your general ledger.

    Information When You Need It

    You can also integrate your fixed assets with other application areas, such as General Ledger and Purchases and Payables. This reduces the risk of human error because you don’t have to enter data in several different application areas.

    You can track your fixed assets, based on a number of criteria, specified by you. For example, you can track an asset by location. This makes it easier for your auditor to verify your fixed assets.

    Save Time, Money and Effort

    Managing and maintaining your fixed assets doesn’t have to cost you more time, money and effort than necessary. With Fixed Assets, when you purchase, depreciate or sell a fixed asset, the relevant application areas in your Navision solution are updated in just one posting. 

    It’s also easy to make different reports for different purposes. You can post fixed asset transactions and generate various reports and statistics. You save time, money and effort.

    Customized to Your Needs

    Most fixed assets depreciate in value from the day you purchase them. But it is often difficult to know by how much.  Fixed Assets gives you an overview of the accumulated depreciation on your fixed assets.

    That’s because the fixed assets functionality in Microsoft Business Solutions-Navision gives you several standard depreciation methods, which are user-defined.  For example, some organizations prefer to depreciate annually, whereas others prefer to depreciate on a monthly basis. You choose the method and the frequency according to your needs. The decision is yours.

    What’s more, you can avoid the cost of employing an auditor to help you extract the relevant information for your annual depreciation. Fixed Assets easily and automatically depreciates for you, ensuring correct periodic depreciation.

    The More Your Know, the Better

    With Fixed Assets, you also know how the costs of maintenance affect the value of your fixed assets. You can monitor each asset and access the information necessary for analysis and decision-making related to the renewal of fixed assets.

    For example, you know whether a fixed asset is costing you more than it’s worth to maintain. And you know what maintenance costs to budget for each fixed asset. You can also integrate all maintenance expenses with the General Ledger in Navision.

    Use Fixed Assets to determine insurance policies for each fixed asset. You can also monitor insurance coverage and annual insurance premiums for your fixed assets.  And, you can link each fixed asset to any number of insurance policies.  As a result, you always have an overview of whether your assets are over-insured or under-insured.

    Ask Your Partner

    To learn more about Microsoft Business Solutions
    Financial Management-Navision, contact Anderson Essentials, Inc. at 800-437-8608 or visit their website at www.aeierp.com.   They have the expertise necessary to design a solution that fits your specific business needs.

    About Microsoft Business Solutions

    Microsoft Business Solutions, a division of Microsoft, offers a wide range of integrated, end-to-end business applications and services designed to help small, midmarket and corporate businesses become more connected with customers, employees, partners and suppliers. Microsoft Business Solutions' applications optimize strategic business processes across financial management, analytics, human resources management, project management, customer relationship management, field service management, supply chain management, e-commerce, manufacturing and retail management. The applications are designed to provide insight to help customers achieve business success.

    Key Features

    Description

    Flexible Definition and Grouping of Assets

    Define information for an asset in a number of ways, for example, number, description, class code, location code and serial number.

     

    Specify a fixed asset as a budgeted asset.

     

    Record information that is used for tracking the maintenance and insurance status of fixed assets.

     

    Determine the level of detail you need in your fixed assets reporting and statistics, for example, set up your asset as a single entity or as a set of components.

    Unlimited Number of Depreciation Books

    Define an unlimited number of depreciation books for each fixed asset:

    Describe all the required depreciation conditions for a fixed asset.

    Meet the demands of local accounting and tax conditions whatever your location.

    Define a depreciation book for internal depreciation calculations.

    Fulfill the demands for depreciation of the parent company if your company is part of a multinational company.

    Decide if the book should be integrated with the General Ledger.

    Specify how the fixed asset will be depreciated.

    Index depreciation book entries if desired.

    Define frequency of depreciation, for example, every month, quarter or year.

    A ledger entry list exists for each depreciation book, with all relevant information, such as book value, depreciation basis, accumulated depreciation, disposal, gain/loss, user ID and source code.

    Choice of Standard or Customer Depriciation Methods

    Choose from several standard depreciation methods:

    Straight-line

    Declining-balance

    Accelerated methods, such as a combination of declining-balance and straight-line (DB/SL)

     

    Customized depreciation methods (define a depreciation percent for each user-defined period, or enter the number of units produced by a machine in a user-defined period)

    Statistics for each Depreciation Book

    Use the Statistics window in each depreciation book to:

    Get a live status overview of a fixed asset.

    View all information defined for a fixed asset simultaneously on screen.

    Maintenance Information

    To keep track of each asset and access information necessary for analysis and decision-making related to the renewal of fixed assets:

    Record information for an asset, such as maintenance, service and expense information.

    Include photographs of fixed assets.

    • § Integrate maintenance expenses recorded in the Fixed Assets application area with the General Ledger.

    Insurance Information

    Monitor the insurance coverage and annual insurance premiums of your fixed assets.

     

    See whether your assets are under-insured or over-insured.

     

    Allocate each asset to one or more insurance policies.

     

    Index insurance amounts.

    Allocation of Periodic Depreciation

    Allocate depreciation of fixed assets to combinations of dimensions, for example, Department and Project. This facility is normally used when several departments in a company share a fixed asset.

     

    Decide how to allocate depreciation, gain/loss, or other types of entries to different G/L accounts.

    Reclassification of Fixed Assets

    Reclassify a fixed asset or part of a fixed asset by moving it from one classification to another, for example, from one department to another.

    Separation and Partial Disposal of a Fixed Asset

    Separate a fixed asset into several fixed assets.

     

    Join several fixed assets into one.

     

    Dispose of a fixed asset partially.

     

    Report and simulated Report Facilities

    Document all recorded information in a number of standard reports including:

    • § Reports required for legal purposes

    Simulation reports to show how the book value and depreciation will develop in time. These are particularly useful for budgeting purposes

     

    System Requirements

     

    To obtain all of the features mentioned in this fact sheet,
    the following modules and technologies are required:

     

    Basic Fixed Assets

    Insurance

    Maintenance

    Allocations

    Reclassification

     

     

    © 2003 Microsoft Business Solutions. All rights reserved. Microsoft, Navision, FRx, other trademarks mentioned are either registered trademarks or trademarks of Microsoft Corporation, FRx Software Corporation, or Microsoft Business Solutions or their affiliates in the United States and/or other countries.  FRx Software Corporation and Microsoft Business Solutions are subsidiaries of Microsoft Corporation. The names of actual companies and products mentioned herein may be the trademarks of their respective owners. The example companies, organizations, products, domain names, email addresses, logos, people and events depicted herein are fictitious. No association with any real company, organization, product, domain name, e-mail address, logo, person, or event is intended or should be inferred.

    If you need Manual or PDF of Fixed assets. Please let me know.

    Thanks,

    Swati Chauhan

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